Bronfman's Water Music

By

Troy McMullen Staff Reporter of The Wall Street Journal

Updated Nov. 4, 2005 12:01 a.m. ET

Music executive Edgar Bronfman Jr., who's listed a number of properties in recent years in the Hamptons-New York real-estate markets, agreed to pay $31 million for a 4.5-acre ocean-view property in Bridgehampton, N.Y., people familiar with the deal said. Mr. Bronfman, the 50-year-old chairman and chief executive of Warner Music Group, has two other properties on the Hamptons market, in East Hampton's Amagansett section. They're a 6,800-square-foot house on 3.2 acres listed for $9.5 million and a five-bedroom cottage on 2.3 acres for $10.25 million. In recent years, he's also tried from time to time to sell his...